Copper prices are the key lever for junior mining upside: copper hit all-time high of $5.10/lb in March 2024, currently trading ~$4.40/lb; China is loosening monetary policy to stimulate demand; data centers (particularly Microsoft's purchase of Three Mile Island nuclear plant) are driving new copper/silver demand; copper prices typically rally Nov-Dec as Asian markets restock, creating seasonal tailwind.
causalpending
Speaker
Craig PerryEvidence Quote
“copper the copper price of course back in March hit an all-time high around $510 we're back at about $440 today China uh is is is talking more and more about um uh loosening money monetary policy”
Source
The Biggest Problem With Junior Mining, the Story of a Mine Builder, and a Different Copper Porphyry— Resource TalksCreated: 8/13/2026, 4:56:03 AM
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